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Choose a description from COLUMN B that matches the type of director in COLUMN A - NSC Accounting - Question 4 - 2021 - Paper 1

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Choose a description from COLUMN B that matches the type of director in COLUMN A. Write only the letter (A–C) next to the question numbers (4.1.1 to 4.1.3) in the AN... show full transcript

Worked Solution & Example Answer:Choose a description from COLUMN B that matches the type of director in COLUMN A - NSC Accounting - Question 4 - 2021 - Paper 1

Step 1

4.1.1 Executive director

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Answer

An Executive Director is defined as a member of the board who has management responsibilities. Thus, the corresponding letter is B.

Step 2

4.1.2 Delinquent director

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Answer

A Delinquent Director is one who is found guilty of serious misconduct. Therefore, the corresponding letter is C.

Step 3

4.1.3 Non-executive director

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Answer

A Non-executive Director is defined as a member of the board but not responsible for daily management functions. Hence, the corresponding letter is A.

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